FEATURED ARTICLES ABOUT KAISER ALUMINUM - PAGE 5

The city hired James, an excavator, to excavate and grade city-owned land for a housing development. While excavating, James spread some of the soil containing hazardous chemical compounds left by previous landowners-such as paint thinner, lead, asbestos and petroleum hydrocarbons-over non-contaminated portions of the property. Upon discovering what had happened, the city sued the previous owner of the property who, in turn, sued James for spreading the contaminated soil. The previous owner alleged that under the federal Comprehensive Environmental Response, Compensation and Liability Act of 1989, the excavator is liable for damages.

Charles L. Martin, 87, of Paw Paw, formerly of Evanston, died Monday, Feb. 17, at Mendota Community Hospital. Cremation rites were accorded. A private burial will follow at a later date. Mr. Martin was born Oct. 30, 1915 in Tulsa, OK to Dixie, nee Dirickson and Charles F. Martin. He married Mildred Dittberner on Dec. 4, 1937. She preceded him in death on March 25, 1978. He served in the Army in WWII as a Company Commander of the 651st Tank Destroyer Corps, at Fort Hood, TX. He was regional Architectural representative of Kaiser Aluminum, Architect and Plan Examiner for Elk Grove Village, and retired as Architect for the CTA in Chicago in 1976.

ohn (Jack) Brady Roche, 82, native of Chicago and formerly of Modesto, CA, died peacefully at his home in Medford, OR on July 5, 2005. He was born July 18, 1922 in Chicago, IL, the sixth child of Frank and Ellen Roche. On Sept. 14, 1946, he married the former Mary O'Rourke, who survives. He enlisted in the Navy in 1942, serving as an Aviation Chief Radio Technician in the South Pacific in World War II. He graduated in Electrical Engineering from the University of Illinois, and spent the majority of his career with Kaiser Aluminum and Chemical, retiring as head of the Electrical Products Division in 1985.

Reynolds Metals Co. said it cut its quarterly dividend 44 percent and expects to post a 1993 loss as results fall short of expectations. The aluminum-products concern said it reduced its dividend to 25 cents a share from 45 cents. The dividend is payable July 1 to shareholders of record June 4. "I've been saying it was a coin flip whether they would cut it or not," said Dan Roling, metals analyst at Merrill Lynch in New York. "I think it's healthy that they don't pay it," said Wayne Atwell, a Morgan Stanley analyst in New York.

Paul, Hastings, Janofsky & Walker will open its long-awaited office in Chicago next week with two hires from the Chicago office of Jones Day. Richard Chesley and Steven Catlett join the top-drawer national firm with Los Angeles roots as partners in the corporate and litigation groups, respectively. Chesley, 46, was co-chairman of Jones Day's business restructuring and reorganization practice and has represented clients such as Dana Corp., Kaiser Aluminum Corp. and Montgomery Ward.

In Washington state, U.S. House Speaker Tom Foley campaigned against it all weekend. Boeing aircraft, Kaiser Aluminum and R. J. Reynolds sent money. A small army of lobbyists in Olympia joined the attack. And when election day was over, a bid to slap stiff term limits on politicians from Washington's state legislature up through its representatives in the U.S. House and Senate appeared to be dead, despite a huge, well-funded campaign on its behalf. With 41 percent of the vote counted, The Associated Press said, opponents of term limits had 53 percent while supporters had 47 percent.

Q-I own stock in Philip Morris Cos. With the findings relating to health and the campaign to stop smoking, the stock has been unsteady. What are prospects for the future? A-Hold shares of Philip Morris Cos. (around $58 a share, New York Stock Exchange), the famous tobacco, food and packaged foods maker, because cigarette price-cutting wars have eased a bit, and 12 percent corporate earnings growth is likely the next two years, said John Maxwell, managing director of Wheat, First Securities.

(Reuters) - Kevyn Orr has many of the credentials needed to try to rescue Detroit from financial ruin, but in one key area he is untested. Orr, appointed by Michigan Governor Rick Snyder on Thursday as emergency manager for Detroit, is a partner at the law firm Jones Day. The big case of his career so far was to work on the rescue of Chrysler in 2009. But in that case, Orr's role was secondary to lawyers higher up the food chain, which may have left him with an experience deficit as he takes on Detroit's troubles.